Palantir jumps to fresh record after announcing shift to Nasdaq listing

Weds Co

15/11/2024 14:53

(Updates stock activity)
    ** Shares of Palantir Technologies  PLTR.N  up 6.6% to
$63.08 early Fri after data analytics firm said it will transfer
listing to Nasdaq  .IXIC  exchange from the NYSE
  
    ** PLTR jumps as much as 7.3% to $63.50, exceeding prior 
  
    ** Co late Thurs  it expects to begin trading on Nasdaq
beginning Nov 26 under same symbol "PLTR"
  
    ** It also said expects to be eligible for Nasdaq-100 index
 .NDX  upon transferring
  
    ** Last week, co  FY rev forecast for the third time,
benefiting from boom in generative AI
  
    
      
    
  
    ** Avg rating among 19 
    
      
    
  
    
      
    
  

(Lance Tupper is a Reuters market analyst. The views expressed
are his own)
((lance.tupper.thomsonreuters.com@reuters.net
lance.tupper@tr.com 1-646-279-6380))